A suspension of US foreign aid and possible dismantling of the US Agency for International Development (USAID) will have a major impact on some of the world's poorest countries, the Washington-based Center for Global Development (CGD) warned Tuesday.For more than 20 economies, a year-long pause on US aid could mean a loss of over one percent of their gross national income, the CGD said in a blog post.And eight economies including South Sudan, Somalia and Afghanistan could face a hit of three percent or more, the group added.
Source: Al Monitor
Full Article: US foreign aid halt to have major hit on poorest countries: report
